Which trending stocks are forming orderly pullbacks?
Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
EL Lauder (Estee) Co
OLED Universal Display Corp
SQM Sociedad Quimica Y Minera ADS
ZTS Zoetis Inc
Entry on a break of the previous trading day's low. Stop above the deepest pullback high. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
AYI Acuity Brands Inc
CMG Chipotle Mexican Grill Inc
EFX Equifax Inc
HOLX Hologic Inc
UAL United Continental Hldgs Inc
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.